Coin and Paper Money Collecting/Uncut U.S. Paper Currency
Expert: Ronald Fern - 9/12/2011
QuestionHello, I thank you in advance for any information you can provide me. I have several sheets, in uncut blocks of four, of 1988 1$ bills, and 1979 2$ bills. I can find, online, several similar sheets, but not this combination of date and serial#. I can't find any reference to 1988 D/B. I would like a estimation of the value of the uncut blocks of 1 and 2$ bills.
(Federal Reserve District#)- 4 on the 1$, and 9 on the 2$.
(Federal Reserve District Seal)- D-for the 1$, and I- for the 2$.
(Serial #)- all the 1$ bills begin with D and end in B, and the
2$ bills begin with I and end with C.
(Series Date)1$ bills -1988A, and 2$ bills- 1979.
(Treasurer) on the 1$ bills -Catalina Vasquez Villalpando, and on the 2$ -Francine Irving Neff.
(Secretary of the Treasury)1$- Nicholas Frederick Brady, and 2$- William Edward Simon.
(Plate Serial #)1$ bills are all [A through D] 626, 627,631,and 636, and 2$ bills and all [E through H] 97, 98, 100.
I hope this isn't too much of a jumbled mess. I'm sure I gave you far more information than you need. Upon final edit I realized I may be over sharing, so I removed all reference to my shoe size, height, and the diameter of my skull, in an attempt to streamline my question. I am very grateful for your time, Thank you.
AnswerHi Ashley:
Thanks for your question. You are right, you provided too much data, but better too much than not enough. I don't have up to date data of all the date, series, denomination, Federal Reserve Branch or sheet and partial sheet values, but I'll try to give you some insight as far as possible values. Check the $2 bill date. I think it is a 1976, not 1979.
Bills are printed in sheets of 32 notes and in three phases. Reverse print, obverse print, and serial numbers with seal print. They then are cut and put into bundles of 100. Sheets and partial sheets were offered by the Bureau of Printing and Engraving for a premium. They vary in value on the after market.
Here's a link for history of the $1 bills:
http://en.wikipedia.org/wiki/United_States_one-dollar_bill
Here's a link for history of the $2 bills:
http://en.wikipedia.org/wiki/United_States_two-dollar_bill
From Wikipedia: "Uncut currency sheets are available from the Bureau of Engraving and Printing. Some of the recent $2 uncut sheets from Series 1995 and Series 2003 have indeed been collectibles as they come from special non-circulation printings. Most of the Series 1995 $2 uncut sheets had a higher suffix letter in the serial number than regular circulation $2 bills. Uncut $2 sheets from Series 2003 were printed for the Boston (A), Atlanta (F), Chicago (G), Minneapolis (I), and Dallas (K) Federal Reserve Districts despite the fact that notes from the Minneapolis district were the only ones released for circulation. Uncut sheets of Series 2003A have also been produced, although in this case circulating currency for all districts has also been made. All two dollar bills from Series 1995, 2003, and 2003A have been printed in the BEP facility in Fort Worth, Texas.
Uncut sheets of $1 and $2 bills are available in various sizes. A 32-subject sheet, which is the original size sheet that the notes are printed on, is available. Other sheet sizes available have been cut from the original 32-subject sheet. These include half (16-note), quarter (8-note), and eighth (4-note) sheets for $2 bills. Uncut sheets are sold for more than their respective face values."
For more information, see:
http://www.uspapermoney.info/general/uncut.html
I found the following site offering partial sheets, See:
http://www.coin-collecting.shop-1st.biz/COINS-CURRENCY-SALE/0-Uncut-sheet-2.html
Here's one on eBay for a sheet of 4 1988 $1 notes selling for between $32. and $160. See:
http://www.ebay.com/sch/i.html?_from=R40&_trksid=m570.l2736&_nkw=1988+4+Subject+
Here's one on eBay for a sheet of 4 1976 $2 notes selling for between $60. and $240. See:
http://www.ebay.com/sch/i.html?_nkw=1976+4+Subject+Uncutect%2BUncut%2B%25242%2BS
You may want to check US coins and currency listings under $1 and $2 bills on eBay from time to time to see if your notes are listed what these type of item may bring.
If you live close to a local shop, they should offer an opinion as to the value at no charge. Always try and get at least two opinions and try and deal with PNG dealers if possible. If you should decide to sell your items to a dealer, remember they will offer about 50% to 60% of the retail value. Here's a link to find one in your area:
http://www.pngdealers.com/dealersearch.php
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Thank You and Good Luck in your collecting.